M/clear
9°
M/clear
Hi 27° | Lo 18°

Work / Business

People wait to cross a street in front of a Shell filling station with the electric indicator showing a liter of regular gas price, top, at 148 yen, or $1.25, per liter (554 yen, or $4.69 per gallon) in Tokyo Friday, Nov. 28, 2014. A renewed plunge in oil prices is a worrying sign of weakness in the global economy that could shake governments dependent on oil revenues. It is also a panacea as pump prices fall, giving individuals more disposable income and lowering costs for many businesses. Partly because of the shale oil boom in the U.S., the world is awash in oil but demand from major economies is weak so prices are falling. The latest slide was triggered by OPEC’s decision Thursday to leave its production target at 30 million barrels a day. Member nations of the cartel are worried they’ll lose market share if they lower production. (AP Photo/Koji Sasahara)

Oil plunge is threat and boon to global economies

Saturday, November 29, 2014

A renewed plunge in oil prices is a worrying sign of weakness in the global economy that could shake governments dependent on oil revenues. Yet it is also a bonus for consumers as prices fall at the pump, giving individuals more spending money and lowering costs for many businesses. The latest slide follows OPEC’s decision to leave its production target …

After more than 14 years, Remi’s Place closes

Saturday, November 29, 2014

Remi’s Place on Pleasant Street has closed. Owner Remi Hinxhia did not comment on the reasons for shuttering the restaurant, citing legal concerns. But he thanked customers who have eaten at his restaurant for nearly 15 years. “After 14 and a half years, really with a broken heart, I have to leave my location,” Hinxhia said. “I really appreciate the people of Concord …

Black Friday dims in Concord after Wednesday’s storm and Thursday night’s early sales

Saturday, November 29, 2014

Kids’ coats at 80 percent off, televisions at half-price – and quality time with family and friends. Shoppers at pre-dawn Black Friday sales say they got it all. Judy Dube and her brother Gary Dionne, both of Hillsboro, joked and laughed as they pushed two carts full of bags through the Steeplegate Mall …

Early-bird shoppers turn out on Thanksgiving

Thursday, November 27, 2014

Early-bird shoppers headed to stores on Thanksgiving in what’s becoming a new holiday tradition. In the Chicago suburb of Naperville, Ill., the parking lot of a Wal-Mart store was full roughly 30 minutes before Thanksgiving deals started at …

OPEC keeps oil output on hold despite low prices

Thursday, November 27, 2014

Reflecting its lessening oil clout, OPEC decided yesterday to keep its output target on hold and sit out falling crude prices that will likely spiral even lower as a result. Oil prices fell sharply on the news. Even …

Ski industry excited by snowstorm

Wednesday, November 26, 2014

Ski areas across northern New England were giddy yesterday at the prospect of a major Thanksgiving snowstorm that is bringing early season skiers to the slopes and offering a promising start to the winter season. Cold weather last weekend enabled the Mount Snow ski area in southern Vermont …

Unemployment rates in all N.H. counties tick downward in October

Wednesday, November 26, 2014

All 10 New Hampshire counties saw a decrease in unemployment in October, according to new data from the state Department of Employment Security. Coos County saw the largest decrease in the local unemployment rate, from 5.1 percent in September to 4.5 percent in October. But that’s still the …

Rymes Propane buys Fred Fuller Oil Company, starts deliveries immediately

Wednesday, November 26, 2014

There were times, even yesterday just hours before a judge signed the paperwork, when John Rymes doubted his offer to buy beleaguered Fred Fuller Oil Co. would become reality. “It’s been a roller coaster. Who needs Six Flags?” he said yesterday after the deal was finalized. Rymes, vice …

Can OPEC members unite to raise oil prices?

Tuesday, November 25, 2014

These are the moments OPEC exists for: A sharp drop in global oil prices has reduced the amount of money OPEC countries take in by nearly $1 billion a day. The 12-member group’s purpose is to coordinate how much oil is produced in order to keep prices high …

Thanksgiving Day deals likely to trump Black Friday discounts

Tuesday, November 25, 2014

Thanksgiving could be the best day to shop all year. An analysis of sales data and store circulars by two research firms contradicts conventional wisdom that Black Friday is when shoppers can get the most and biggest sales …

PUC to review how electric utilities purchase power, eligibility for assistance programs

Tuesday, November 25, 2014

In the coming weeks, residents can expect to see higher costs when they open their electricity bills. The state’s Public Utilities Commission is taking steps to try to ease the impending rate increases by looking at how utilities purchase power and considering changes in eligibility for bill assistance …

Concord’s downtown merchants asking shoppers to ditch ‘Black Friday’ for ‘Plaid Friday’

Tuesday, November 25, 2014

Concord’s downtown business owners are asking shoppers to ditch black in flavor of plaid this Friday. For the first time, a partnership between Merchants Roundtable and Intown Concord led to shop owners joining together to promote “Plaid Friday” …

Rymes Propane offer to buy bankrupt Fuller Oil Company approved: $12 million deal means trucks will be on the road tomorrow

Tuesday, November 25, 2014

Concord-based Rymes Propane & Oil has bought beleaguered Fred Fuller Oil & Propane Company for between $12 million and $13 million. Trucks bearing both companies’ logos will begin delivering oil to Fuller customers tomorrow morning, but they will …